Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Consensus "Hold": Six analysts cover Full Truck Alliance with a consensus Hold rating (1 sell, 3 hold, 2 buy) and an average 12‑month price target of about $11.43.
• Big earnings miss and price pressure: The company reported $0.01 EPS vs. $0.14 expected and revenue of $456.3M vs. $3.13B expected, and the stock traded at $8.83 (down 1.7%), prompting downgrades including JPMorgan cutting its target to $8.
• Valuation and technicals show weakness: market capitalization is about $9.23B with a P/E of 16.65, the 50‑day moving average ($9.82) sits below the 200‑day average ($11.45), and the share price is near its 1‑year low.

Shares of Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM - Get Free Report) have been assigned a consensus rating of "Hold" from the six brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $11.4286.

YMM has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Full Truck Alliance from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, January 13th. JPMorgan Chase & Co. downgraded shares of Full Truck Alliance from a "neutral" rating to an "underweight" rating and cut their target price for the company from $11.00 to $8.00 in a research note on Monday, January 12th. Daiwa Securities Group cut Full Truck Alliance from a "buy" rating to a "neutral" rating and set a $9.00 price target for the company. in a report on Friday. iA Financial set a $8.00 price target on Full Truck Alliance in a research report on Monday, January 12th. Finally, Jefferies Financial Group set a $13.00 price objective on Full Truck Alliance in a research note on Monday, November 17th.

Full Truck Alliance Stock Down 1.7%

Shares of NYSE YMM traded down $0.16 during trading hours on Friday, hitting $8.83. The company had a trading volume of 1,845,419 shares, compared to its average volume of 9,029,381. Full Truck Alliance has a 1-year low of $8.71 and a 1-year high of $14.07. The firm's 50 day moving average is $9.82 and its 200-day moving average is $11.45. The stock has a market capitalization of $9.23 billion, a P/E ratio of 16.65 and a beta of 0.23.

Full Truck Alliance (NYSE:YMM - Get Free Report) last issued its earnings results on Thursday, March 12th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.13). Full Truck Alliance had a return on equity of 11.33% and a net margin of 31.92%.The firm had revenue of $456.32 million for the quarter, compared to analyst estimates of $3.13 billion. On average, sell-side analysts predict that Full Truck Alliance will post 0.46 earnings per share for the current year.

Institutional Investors Weigh In On Full Truck Alliance

Large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd lifted its holdings in Full Truck Alliance by 150.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,937 shares of the company's stock valued at $32,000 after purchasing an additional 1,762 shares during the last quarter. Banque de Luxembourg S.A. acquired a new position in shares of Full Truck Alliance in the fourth quarter valued at $44,000. CoreCap Advisors LLC increased its holdings in shares of Full Truck Alliance by 2,000.0% in the fourth quarter. CoreCap Advisors LLC now owns 4,200 shares of the company's stock valued at $45,000 after purchasing an additional 4,000 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Full Truck Alliance by 274.9% in the second quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company's stock valued at $46,000 after purchasing an additional 2,845 shares during the period. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Full Truck Alliance during the 3rd quarter worth about $51,000. Institutional investors own 39.02% of the company's stock.

About Full Truck Alliance

Full Truck Alliance NYSE: YMM operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.

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